Away from home: Rising demand from an aging population will drive revenue growth

Over the five years to 2017, revenue for the Truck, Trailer and Motor Home Manufacturing industry is expected to increase. The industry is unique in the sense that operators manufacture both consumer-based goods and products for freight operators. As a result, the industry, which is highly cyclical, has a variety of factors that support demand. For example, RVs and motor homes are typically big-ticket discretionary purchases. Consequently, demand for this segment increased due to steady growth in consumer disposable incomes and confidence over the past five years. Over the five years to 2022, industry revenue is expected to trend higher, bolstered by restored demand in recreational vehicles and trucks and trailers...read more.

Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 12-17
3.0%
Forecast Growth 17-22
Profit
Employment
14,563
Businesses
528
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Industry revenue is expected to trend higher, bolstered by restored demand in recreational consumer-based vehicles
  • RV owners are predominately retired individuals
  • Industry operators are expected to benefit from an aging domestic population
  • Industry Report - Industry Products Chapter

    Motor vehicle bodiesOver the past five years, the motor vehicle bodies segment has increased. In 2017, motor vehicle bodies are expected to account for 52.0% of industry revenue. This segment includes the body manufacturing of buses, trucks and vans. Falling fuel prices, along with rising in consumer income, is anticipated to lift demand for motor vehicle bodies. IBISWorld expects that demand for motor vehicle body manufacturing will continue to increase as the domestic and US economy continue to show signs of strength.Truck trailersTruck trailer manufacturers, also called semi-truck trailer manufacturers, are anticipated to benefit as trade activity rebounds. Alt...purchase to read more.

    Additional Insights for the Truck, Trailer & Motor Home Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Truck, Trailer & Motor Home Manufacturing Industry are

  • Ability to expand and curtail operations rapidly in line with market demand
  • Having an extensive distribution/collection network
  • Development of new products
  • IBISWorld analysts also discuss how external factors such as Demand from truck transportation and Canadian-dollar effective exchange rate index in the Truck, Trailer & Motor Home Manufacturing industry impact industry performance..

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    What's in this report

    What is the Truck, Trailer & Motor Home Manufacturing Industry?

    This industry primarily manufactures motor vehicle bodies and cabs, truck trailers and noncommercial trailers. The bodies and cabs may be sold as such or may be assembled on purchased chassis.

    Industry Products
  • Motor vehicle bodies
  • Truck trailers
  • Motor homes, travel trailers and campers
  • Industry Activities
  • Semi-truck trailer
  • Motorized RV and motor home
  • Towable RV
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from truck transportation
  • Canadian-dollar effective exchange rate index
  • New vehicle sales
  • Number of adults aged 65 and older
  • Total trade value
  • World price of crude oil

  • Current Performance
  • Volatile oil prices
  • Aging population
  • Resurgence in trade flows
  • Chart: Revenue Growth

  • Industry Outlook
  • Demographics and demand
  • International trade
  • Ongoing threat
  • Table: Truck, Trailer & Motor Home Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Truck, Trailer & Motor Home Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Local Freight Trucking in Canada
  • Long-Distance Freight Trucking in Canada
  • Consumers in Canada

  • Key Selling Industries
  • Car & Automobile Manufacturing in Canada
  • SUV & Light Truck Manufacturing in Canada
  • Truck & Bus Manufacturing in Canada

  • Products & Services
  • Motor vehicle bodies
  • Truck trailers
  • Motor homes, travel trailers and campers
  • Chart: Truck, Trailer & Motor Home Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Freight operators
  • Exports
  • Consumers
  • Chart: Major Market Segmentation for the Truck, Trailer & Motor Home Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Truck, Trailer & Motor Home Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Truck, Trailer & Motor Home Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Truck, Trailer & Motor Home Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Truck, Trailer & Motor Home Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • New Vehicle Sales (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Dry Van
  • The simplest type of truck trailer, consisting of an empty box mounted on a trailer chassis.
  • Platform Sharing
  • A product development method where different products and the brand attached share the same materials and designs.
  • Reefer
  • A refrigerated truck trailer used for transporting temperature-sensitive goods.
  • Towable Rv
  • A type of RV that must be attached to a separate vehicle using a trailer hitch.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Truck, Trailer & Motor Home Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Truck, Trailer & Motor Home Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Truck, Trailer & Motor Home Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Truck, Trailer & Motor Home Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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